Market revenue in 2023 | USD 422.1 million |
Market revenue in 2030 | USD 727.0 million |
Growth rate | 8.1% (CAGR from 2023 to 2030) |
Largest segment | Myopia |
Fastest growing segment | Presbyopia |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Myopia, Presbyopia |
Key market players worldwide | Johnson & Johnson, Essilorluxottica, ZEISS Group, Alcon Inc, Bausch & Lomb Corp, Topcon Corp, Ziemer Ophthalmic Systems, Nidek, Haag-Streit |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to myopia and presbyopia treatment market will help companies and investors design strategic landscapes.
Myopia was the largest segment with a revenue share of 51.27% in 2023. Horizon Databook has segmented the Italy myopia and presbyopia treatment market based on myopia, presbyopia covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing prevalence of refractive errors is expected drive demand for daily disposable contact lenses and progressive lenses in Italy. Growing popularity of refractive surgeries, such as LASIK, LASEK, and PRK, coupled with increasing awareness about the complications of refractive errors & its treatments, is expected to drive the market over the forecast period.
Furthermore, presence of a strong supply chain and distribution network, such as increasing number of retail and online platforms, is also impelling growth. For instance, Lentiamo offers a wide range of contact lenses and other eyewear through online platforms, improving accessibility.
Therefore, the presence of efficient distribution network coupled with increasing demand for myopia & presbyopia treatment procedures is expected to drive growth of the market. Life expectancy at birth in Italy is the second highest among all the European countries and is witnessing a gradual increase.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy myopia and presbyopia treatment market , including forecasts for subscribers. This country databook contains high-level insights into Italy myopia and presbyopia treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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